Sirios Resources (CVE:SOI) Trading 25% Higher – Still a Buy?

Sirios Resources Inc. (CVE:SOIGet Free Report) shot up 25% during mid-day trading on Saturday . The company traded as high as C$0.05 and last traded at C$0.05. 597,500 shares traded hands during trading, an increase of 107% from the average session volume of 289,332 shares. The stock had previously closed at C$0.04.

Sirios Resources Price Performance

The company’s 50 day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The company has a debt-to-equity ratio of 0.47, a quick ratio of 9.59 and a current ratio of 2.22. The company has a market cap of C$15.44 million, a price-to-earnings ratio of -4.50 and a beta of 0.82.

Sirios Resources Company Profile

(Get Free Report)

Sirios Resources Inc engages in the exploration and evaluation of mineral resources in Canada. The company primarily explores for gold and silver deposits. Its flagship project is the Cheechoo gold project that consists of three non-contiguous blocks comprising 306 claims covering an area of 157 square kilometers in Quebec.

Further Reading

Receive News & Ratings for Sirios Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sirios Resources and related companies with MarketBeat.com's FREE daily email newsletter.